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Ancestry.com secures $33.2 million in financing

Published on .

Ancestry.com, an online family history-tracking resource, completed a $33.2 million second round of financing. Led by Tango of Boulder, Colo., the oversubscribed second round of financing also included investments from Group Arnault, America Online, Compaq Computer Corp., Pivotal Asset Management and Amerindo Investment Advisors. First-round investor @Ventures, the affiliated venture capital arm of CMGI, also participated in the second round to maintain its significant equity interest. Further financial details of the investments weren't disclosed.

Copyright August 1999, Crain Communications Inc.

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